Boom Bust: House Prices, Banking and the Depression of 2010
- ISBN-10
- 0856833126
- ISBN-13
- 9780856833120
- Category
- Business & Economics
- Pages
- 208
- Language
- English
- Published
- 2010-01-01
- Publisher
- Shepheard-Walwyn
- Author
- Fred Harrison
Description
Not employment or inflation as argued during the Great Depression and years of Reaganomics, the mechanism that drives the business cycle is proven to be the housing and property market in this analysis of the instability of financial markets. The consequences of how neoclassical economics ignores the importance of land are presented in a discussion of the dot-com crash. Agricultural, industrial, and commercial property and the housing market are examined to suggest that policymakers must revise their treatment of land in economic decisions to avoid the next economic crash, predicted for 2010.
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Other editions
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- 2005
- - pages
- Paperback
- Shepheard-Walwyn Publishers
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